Our reporter/ The Central Bank of Nigeria has further raised its Monetary Policy Rate(MPR) by 50 basis points to 27.25 per cent from 26.75 per cent. This was revealed by…
Read More CBN further tightens monetary policy, raises interest rate to 27.25 per cent
The Central Bank of Nigeria on Friday made some clarifications regarding the Monetary, Credit, Foreign Trade, And Exchange Policy Guidelines For Fiscal Years 2024 – 2025 document published on Tuesday,…
Read More CBN clarifies controversy over policy document
The presidency on Tuesday denied reports that President Bola Tinubu asked Yemi Cardoso the Governor of the Central Bank of Nigeria [CBN] to resign from his position. The Special Adviser…
Read More Tinubu never asked CBN gov Cardoso to resign – Presidency
The Central Bank of Nigeria [CBN] on Wednesday released a new directive to Payment Service Providers [PSPs), requiring them to comply with enhanced routing guidelines for Point of Sale [PoS]…
Read More CBN issues 30-day deadline to Service Providers to comply with enhanced guidelines on PoS transactions
The rising inflation rate will force Nigerian households to spend the largest amounts of their earnings on food in the next six months, a recent survey by the Central Bank…
Read More Inflation: Nigerians to spend 54.9% income on food in next six months – CBN
